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LCA-Vision Reports on Annual Meeting of Stockholders
Date:5/21/2013

omes and patient experiences. Importantly, we continue to see a long-term business opportunity in laser vision correction. 

"That said, our company and our industry are challenged by the prolonged weakness in the U.S. economy, as well as by the federal government's mandate to lower the maximum contribution for medical flexible spending accounts," he added. "In reviewing the issues and opportunities facing our company, the Board and executive management team have developed an action plan with specific priorities aimed at returning our laser vision correction business to sustained profitability, while working to diversify revenue streams and payer mix to mitigate the impact of future economic downturns.  Our plan is focused on enhancing shareholder value and includes fresh approaches to improving our LASIK business, as well as cost controls and investment in our future growth and expansion. 

"I'd like personally to thank John Gutfreund for his 16 years of service as a valued member of the LCA-Vision Board.  John brought significant expertise and insight into strategic decision-making and finance based on his work as chief executive of several top Wall Street firms, as well as a wealth of experience in corporate governance from his positions on various public company boards," said Mr. Woods.  "We wish him all the best."

Forward-Looking Statements
This news release contains forward-looking statements based on current expectations, forecasts and assumptions of LCA-Vision that are subject to risks and uncertainties. The forward-looking statements in this release are based on information available to the company as of the date hereof. Actual results could differ materially from those stated or implied in the forward-looking statements due to risks and uncertainties associated with its business.  In addition to the risk factors discussed in the company's Form 10-K and other filings with
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SOURCE LCA-Vision Inc.
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